TYO:4576 Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,540	1,709	1,126	1,867	2,334	1,933
Cash & Short-Term Investments	1,540	1,709	1,126	1,867	2,334	1,933
Cash Growth	34.92%	51.78%	-39.69%	-20.01%	20.75%	-16.25%
Receivables	110.75	94	125	117	170	101
Inventory	131.71	86	101	87	79	88
Other Current Assets	37.92	131	123	66	76	40
Total Current Assets	1,820	2,020	1,475	2,137	2,659	2,162
Property, Plant & Equipment	8.43	9	11	10	10	4
Long-Term Investments	-	137	138	138	162	129
Other Intangible Assets	2.14	2	44	86	124	166
Other Long-Term Assets	137.72	1	1	2	1	1
Total Assets	1,968	2,169	1,669	2,373	2,956	2,462
Current Portion of Long-Term Debt	126.55	99	19	9	120	129
Current Income Taxes Payable	1.83	66	99	173	75	51
Other Current Liabilities	9.91	38	14	12	16	13
Total Current Liabilities	162.64	203	132	194	211	193
Long-Term Debt	467.62	506	778	875	847	210
Other Long-Term Liabilities	24	26	26	25	27	25
Total Liabilities	654.26	735	936	1,094	1,085	428
Common Stock	722.33	697	1,203	831	714	573
Additional Paid-In Capital	1,306	1,280	3,261	2,889	2,772	2,631
Retained Earnings	-714.36	-543	-3,732	-2,442	-1,629	-1,200
Comprehensive Income & Other	0.33	-	1	1	-1	2
Total Common Equity	1,314	1,434	733	1,279	1,856	2,006
Minority Interest	-	-	-	-	15	28
Shareholders' Equity	1,314	1,434	733	1,279	1,871	2,034
Total Liabilities & Equity	1,968	2,169	1,669	2,373	2,956	2,462
Total Debt	594.17	605	797	884	967	339
Net Cash (Debt)	945.66	1,104	329	983	1,367	1,594
Net Cash Growth	49.96%	235.56%	-66.53%	-28.09%	-14.24%	-13.74%
Net Cash Per Share	18.71	23.03	9.37	30.93	46.12	54.34
Filing Date Shares Outstanding	54.82	54.36	45.28	32.13	31.32	29.36
Total Common Shares Outstanding	54.82	54.25	41.63	32.13	30.87	29.36
Working Capital	1,658	1,817	1,343	1,943	2,448	1,969
Book Value Per Share	23.97	26.43	17.61	39.81	60.12	68.33
Tangible Book Value	1,312	1,432	689	1,193	1,732	1,840
Tangible Book Value Per Share	23.93	26.40	16.55	37.13	56.10	62.67